Commodities Markets


Editorial: Hello, US$1,800 gold

August 5 was a day for the history books, as Standard and Poor’s lowered its rating on America’s long-term sovereign credit to “AA+” from “AAA” with a “negative outlook.” This is the first-ever downgrade of the U.S. debt by a major bond-rating…


Editorial: US debt swells, gold soars

A pillar of the gold bug’s argument for continued strength in the decade-long bull run for gold is the world-weary prediction that most of the U.S. political class will keep showing abject cowardice or wilful ignorance in dealing with the…





Editorial: Chileans tire of Piera

Chile’s mining sector was rocked by a 24-hour walkout in mid-July by unionized workers at state-owned Codelco, the world’s largest copper miner. It’s the first countrywide strike at Codelco in 18 years.




Editorial: A loss, a win and a draw

The resource market passed the halfway mark of 2011 in a bit of a foul mood, with the ongoing anxiety over the feeble economic recovery seen in the U.S. and parts of Europe continuing to depress mining share prices, even in the face of robust…




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